Research Publications
Personal Insurance Affordability in Louisiana
This Research Brief examines Louisiana personal insurance affordability challenges and includes comparisons of various cost drivers of personal auto and homeowners insurance. It is available as a free download, located under Free Resources on the IRC home page.
Homeowners Insurance Affordability: Countrywide Trends and State Comparisons
This Research Brief examining homeowner's affordability includes comparisons of various cost drivers of homeowners insurance costs. It is available as a free download, located under Free Resources on the IRC home page.
Uninsured Motorists, 2017-2022
Uninsured motorists (UM) are drivers who operate motor vehicles without having liability insurance coverage to compensate others for injuries or physical damage resulting from auto accidents in which they were at fault, despite near-universal legal requirements. This study, which updates previous Insurance Research Council (IRC) research, estimates the number of uninsured drivers on the nation’s roads, based on relative frequencies of auto insurance claims.
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Public Perceptions Regarding the Fairness of Insurance Rating Factors
This report examines differences in public opinions of fairness of the various rating factors used to price Homeowners and Personal Auto insurance. It also looks at consumer perceptions of personal insurance accessibility.
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Trends in Personal Auto Insurance Claims: 2002–2022
This update to the IRC’s longstanding Trends in Auto Claims series examines two decades of frequency, severity, and average loss costs for three vehicle damage coverages and two auto injury coverages. It also documents the claims impact of the COVID-19 pandemic. Both countrywide and state-level results are presented.
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Trends in Homeowners Insurance Claims: 2001–2021
This report examines homeowners insurance claim frequency, severity, and loss cost trends over two decades. The report reviews countrywide trends for all claim types and policy forms combined; then by catastrophe- and non-catastrophe- related claims; and finally, by policy form. Homeowners insurance costs vary widely by state, which is demonstrated with state-by-state comparisons and individual state profiles.
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Auto Insurance Affordability in Florida
This Research Brief examining personal auto affordability in Florida includes comparisons of various cost drivers of auto insurance costs. It is available as a free download, located under Free Resources on the IRC home page
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Auto Insurance Telematics: Consumer Attitudes and Opinions, 2022 Edition
This report expands on previous IRC research on consumer attitudes and opinions with respect to personal auto insurance telematics and usage-based insurance (UBI). The report finds that more U.S. drivers are open to opting into UBI programs to save on their auto insurance premiums. Yet, more widespread acceptance of telematics programs and UBI remains limited for various reasons, including privacy concerns. Findings also confirm that Telematics programs provide the opportunity for safe drivers to lower their insurance costs and can improve overall road safety.
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Public Opinions on Credit Scoring and the Use of Credit-Based Insurance Scores
The focus of this study is the public’s knowledge of and attitudes on issues around credit history, credit scores, and the use of credit-base insurance scores as an insurance rating factor. It also looks at perceptions of auto insurance affordability. The results are based on an online survey with more than 7,000 respondents.
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State Variations in Auto Insurance Affordability
This research expands on previous IRC research on personal auto insurance affordability. IRC measures affordability with the ratio of auto insurance expenditures to median household income. The report shows countrywide trends and depicts the relationship between individual cost drivers and statewide affordability. Individual state pages focus on specific cost drivers affecting each state.
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